Winvesta Business Support
Restricted Business Activity
As part of our ongoing commitment to mitigate the risk of money laundering and terrorist financing, we do not onboard the below-listed industries, client types and activities.
Non-permitted Industries – Global
- Weapons / military-grade security
- Multi-level marketing
- Pawnbrokers
- Political organizations
- Precious metals and stones
- Adult entertainment
- Drug paraphernalia
- CBD and related products
- Carbon credits
- Cryptoassets
- Gambling
- Ponzi / pyramid schemes
- Firms involved in the servicing of illegal goods/services, including but not limited to: counterfeit goods/trademark infringement, human trafficking, child labor, and prostitution.
- Mining and extraction
- Speculative trading
Non-permitted Industries – United States of America
- Chemicals
- FDA-classified medical devices
- Medications or prescription drugs
- Alcohol
- Tobacco
- Dietary supplements
- Seeds or plants
- Regulated financial services
- Outbound telemarketing
Non-permitted client types
- Financial Institutions making payments on behalf of other financial institutions, also known as ‘nested relationships’ or ‘layering.’
- Shell banks
- Unregistered charities
Non-permitted Activities
- Clients are not allowed to use our services to speculate changes in FX
- Transactions deriving from Crypto Currencies